CGB retail investor sentiment, page-9

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BigDaniel

3,872 Posts.

3205

21/07/19

15:51

Post #: 39619813
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Originally posted by Basileus ↑

"... because why would you discredit your own investment when your trying to sell? It makes no sense." (sic)

I think that this represents the errant thinking that surrounds holders of 'penny stocks'.

As if - as if - anything that one poster (or 10 for that matter) states on this thread will influence the opening price of CGB! Absolute folly. Fatuous indeed!

It's this silly exclusive 'club' mentality. Well ... you're with us or ... your not ... type thinking! Group thought and speak - it is a recipe for poor decision making - in my view.

Would posters not think that the actions (e.g. the incapacity to adhere to indicative timelines + numerous supplementary prospectuses) of the company over the previous 12 or so months might have more influence on the SP than anything that @MrAwesome or anyone else might have to say might impact the SP?

I note that while many here are happy to question the motive - intent - accuracy of those who do not hold (and even some that do apparently) - they are exceedingly reluctant to question the actions of the company and those whose actions will have an impact on the SP.

"It's like someone trying to sell a car. Advertises it. Someone comes to look at it. Then the seller says "you don't want this mate, It's a bomb. I wouldn't pay 1/2 of what I'm asking."

There are some significant difficulties with this analogy?

If, the car has had some 15 or so attempts to become registered such that it could be driven safely and legally on public roads, then it might well (or should be) rather obvious to all prospective purchasers that maybe there might be a better car around the corner. Or, that the car in your analogy will be very, very cheap - if one wanted to pursue such a purchase. If, one is looking for a 'fixer upper', then it might be ok but I would want a substantial discount on that car!

Expand

Perhaps HC sentiments do or don't have an effect on the share price Bas! Unless you have concrete evidence to suggest it has zero influence then I'll continue to believe that it only take two people to move a share price up or down.

Name me one positive as an investor telling thousands of readers on a reputable investment forum that I'll be selling on open?- Absolute rubbish & blatant manipulation...You would know as a lawyer that if enough people can believe the rubbish your spinning it just might become fact!

I think after this year long halt the excitement in me as built up to bursting point..Great deals with international companies..A huge deal with a pharmaceutical manufacturer! Why I'm going to buy up 10,000,000 shares on open, I'll be happy if I can buy for under 10c after all these great development's.

See how I did that..Who else is buying millions on open?

CGB Price at posting: 3.7¢ Sentiment: Hold Disclosure: Held
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